Building Details

Year Built 2022

Listing Agency: C3 CRE, LLC c***@c3cre.com Show Phone

Listed By: Corbin Yaldoo · License #6502431997 Show Phone

Source: Elliman

Added: Apr 28 Changed: Jul 10 Last Checked: Aug 9 at 10:16AM

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Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a fully operational and turnkey adult-use greenhouse cultivation facility through a receivership sale. The sale includes both the real estate and the licenses. The property spans over 40 acres and features four greenhouses, a head house facility, an additional on-site office/residence space, and excess land available for expansion. Currently, the facility operates under two Class C adult-use cultivation licenses, which are renewed through April 2026. The cultivation infrastructure is equipped with high-capacity Gavita lighting, advanced climate automation, and extensive irrigation and HVAC systems. Security measures, power backup, and odor mitigation are in place. The location in Southwest Michigan provides a strong climate and convenient access to US-131, M-66, I-94, and I-69 freeways. The property offers immediate scalability for an experienced operator or investor. Employment retention and increased day-to-day management will ensure a seamless continuity of cash flow and to maintain and increase operations.

Key Highlights

• Turnkey Adult‑Use Greenhouse Cultivation Facility with Real Estate and Licenses Included
• Two Class C Adult‑Use Cultivation Licenses Renewed Through April 2026
• Scalable Operation on 40+ Acres with Excess Land for Expansion

Property Analytics

Property Profile

Current Use

Cannabis Properties

Suggested Use

Top Pick Grocery & Convenience Store Computer & Electronic Repair Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

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Demographics for 49052, MI

1,056

Population

391

Households

2.7

Avg Household Size

45

Median Age

18%

College-Educated

93%

High-School Grad

31.8 sq mi

ZIP Area

33

Density / Sq Mi

$62,120

Median Household Income

$44,444

Median Earnings

$842

Median Rent

$188,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Cannabis property - Fully operational adult-use greenhouse cultivation facility with expansion potential.

Where is this cannabis property located?

The property is located at 12504 S 42nd St Fulton, MI.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Turnkey Adult‑Use Greenhouse Cultivation Facility with Real Estate and Licenses Included; Two Class C Adult‑Use Cultivation Licenses Renewed Through April 2026; Scalable Operation on 40+ Acres with Excess Land for Expansion